Business leaders are increasingly aware of the commercial risks associated with the continued loss of nature, including disruption to supply chains, particularly in highly exposed sectors such as agriculture, and food and drink production. Biodiversity — and other facets of nature, such as freshwater and the ocean — are now becoming the new frontier for sustainable finance and business.
This increased attention is both warranted and welcome. However, there is a risk that companies and financial institutions could feel they are ahead of the curve if they start to consider these issues now. Instead, nature-related commercial risks are already here.